Where Is Bitcoin Headed After Recent Market Shifts?: Experts Weigh In
Posted On March 11, 2025
Bitcoin has experienced significant volatility recently. As a result, Benzinga asked its Expert Network of contributors to weigh in on the one question our readers are focused on: Where is bitcoin headed next?
Bitcoin Price Can Drop To $53,000-$70,000 Upon Breaching A Key Support Level
Arthur Azizov, Co-Founder and Investor of B2 Ventures, provides a technical analysis of Bitcoin’s price movements:
“Based on the daily chart, Bitcoin is approaching a support level in the $73,000-$72,000 range. Once it reaches this zone, we can assess where the price might head next. Given the optimistic sentiment in political circles, a positive scenario would be a rebound from this level, pushing the price toward a new all-time high. However, …
About The Author
